In November, SAIC Commercial Vehicles, driven by the dual engines of “strategic upgrading + systematic innovation”, continued to promote resource integration and organizational optimization, achieving dual growth in sales scale and quality: total sales reached 26,193 units, a year-on-year surge of 67%, marking the seventh consecutive month of year-on-year sales growth. It has maintained its leading position in the light bus segment, ranking first in both domestic insurance registration rate and overseas export volume from January to October. Continuously expanding the overseas market, SAIC Commercial Vehicles set a new record overseas in November: orders, wholesale sales, retail sales, and shipments all exceeded 10,000 units. Meanwhile, the green transition accelerated, with new energy vehicle sales increasing by 150% year-on-year, accounting for 32% of total sales—among which domestic new energy vehicle sales accounted for as high as 49%, further consolidating its leading position in the industry’s green transformation.

MAXUS Brand Renovation & Upgrading: Dual Breakthroughs in Technology and Global Layout
Taking the opportunity of the comprehensive renovation at the Guangzhou Auto Show, MAXUS launched the “Zhonghui Logo”, clarifying its commitment to building a user-centric enterprise through leading technology and a full ecological chain. Meanwhile, the industry’s first “Autonomous Passenger-Cargo Twin Stars”—DANA RoboVAN and RoboBUS—developed by an OEM from scratch, made their debut, setting a new benchmark for “Technology MAXUS”. Maintaining its leading position in sales, MAXUS sold 19,068 units in November, a year-on-year increase of over 60%, with domestic new energy vehicles accounting for 41%, firmly ranking among the top traditional commercial vehicle brands. The “Wealth Creation Star” “DANA” series sold 3,207 units in November, a year-on-year surge of 214%. The DANA V1L, entering the large VAN market, received over 3,000 orders in its launch month, quickly becoming a dark horse in the segment.

Overseas markets also brought good news: monthly sales reached 10,017 units, a year-on-year increase of 91%, achieving strong growth. In Singapore, MAXUS not only maintains the top position in the LGV (Light Commercial Vehicle) market but also its eDeliver5 (DANA V1) won a major order from J&T Express with its outstanding energy efficiency and product strength. Meanwhile, the model was awarded the “Best Electric Van—Best Efficiency Award” in Romania, achieving a “triple victory” in market share, reputation, and commercial orders. At the Thailand International Auto Show, MAXUS made a grand appearance with four light commercial vehicle models, including domestic star models eDeliver5 (DANA V1) and eDeliver9 (New Tu EV90), which debuted in the Thai market. It is reported that MAXUS’ first flagship store in Thailand is expected to officially open in early next year, marking the continuous deepening of MAXUS’ global network layout.
Strengthening the Chain for Win-Win: Strategic Cooperation Upgrade Between SAIC Commercial Vehicles and CATL
To further consolidate its new energy and intelligent layout, SAIC Commercial Vehicles launched comprehensive in-depth cooperation with CATL in conjunction with the MAXUS brand renovation. The two parties will jointly build an efficient, economical, safe, and reliable new energy commercial vehicle product matrix around three core dimensions: “joint technology R&D, ecological co-construction, and global progress”. The MAXUS DANA V1L equipped with CATL’s Tianxing battery offers the longest CLTC range in its class of 535km and the industry’s longest warranty of 8 years/800,000km, creating the ultimate “wealth creation vehicle”.

SAIC Yuejin’s DANA T series also benefits from the “Tianxing battery”; SAIC Hongyan’s engineering vehicles are fully equipped with Tianxing batteries as standard and offer diversified energy supplement solutions; the service life of CATL’s battery packs equipped on Sunwin Buses has increased by 25%; the AB01 series low-cell battery pack jointly developed with Sunwin Buses has broken through EU regulatory barriers. The synergy between the two giants injects strong momentum into the new energy transformation of the commercial vehicle industry.
Yuejin Light Trucks: Double Harvest in Sales and Reputation, Steady “Leap Forward” in New Energy Transformation
Sales reached 5,332 units in November, a year-on-year surge of 244%, with new energy vehicles accounting for over 70%. Multiple models won industry awards: the “2025 Urban Distribution Logistics Light Truck Energy Conservation Leadership Award” for the Chaoyue H500, the “Best-Selling Pure Electric Small Truck of the Year” for the DANA T3, the “Best Cost-Effective Urban Distribution Logistics Model” for the Chaoyue C300, and the “Best Express Logistics Pure Electric Model of the Year” for the DANA T2… Product strength has been dual-certified by the market and authorities.

Iveco New Energy Sales Double; Star Off-Road Vehicles Lead Niche Markets
New energy vehicle sales reached 1,765 units from January to November, nearly doubling year-on-year. Meanwhile, the Oubao Shanhai and Oubao Leiting series off-road vehicles are deeply favored by off-road enthusiasts due to their core advantages of large space, real four-wheel drive, and all-terrain capability, with cumulative sales exceeding 600 units from January to October. At the 2025 China International Commercial Vehicle Show, multiple star models including Juxing, Deyi, and Oubao Shanhai made a collective appearance, attracting wide attention from users at home and abroad.
Sunwin Buses Escorts CIIE; Hongyan positions itself as “Refined, Professional, Intelligent, and Powerful”
Sunwin Buses has achieved remarkable results in green transformation, with a new energy penetration rate of 100%. During the CIIE, a fleet of 206 vehicles, including new energy city buses and suburban buses, undertook core area transfer and college student volunteer service tasks, successfully completing the guarantee work with stable and reliable performance and green environmental protection advantages. In November, the bulk delivery ceremony of SAIC Hongyan’s new generation mid-axle car carrier was held in East China, and the new vehicles will be put into operation in the national logistics network. In the future, SAIC Hongyan will adhere to the strategy of “small but beautiful, refined and professional, intelligent and powerful”, focusing on promoting the green transformation in the heavy commercial vehicle segment.

From the sales resilience of “seven consecutive growths” to the continuous breakthrough in new energy penetration, SAIC Commercial Vehicles is releasing momentum through organizational reform and aggregating potential through multi-brand synergy, forging a high-quality development path of “greenization, intelligence, and globalization”. In the future, SAIC Commercial Vehicles will continue to drive transformation with three core engines, continuously leading China’s commercial vehicle industry to new heights.